Position: Accountant (Property Management & Investment Reporting)
Location: Vaughan, Ontario
We are seeking a detail-oriented and organized
Accountant to manage
property management accounting functions and
investment reporting across multiple companies. The ideal candidate will also be involved in
cash management activities and
project accounting, ensuring smooth financial operations.
Key Responsibilities
1. Property Management Accounting
- Oversee lease management and administration, including tenant billings and rent collection for commercial properties.
- Perform year-end reconciliations of TMI (Taxes, Maintenance, Insurance) costs against tenant recoveries.
- Manage cash flows for rental property bank accounts, including cash calls and distributions.
- Prepare year-end working papers for submission to external accountants.
- Generate quarterly compliance reports for banking institutions.
- Report to property owners on rental activities and operational performance.
2. Investment Reporting
- Track and monitor investments in real estate properties and various projects.
- Record and report cash distributions and contributions related to investments.
- Prepare comprehensive investment reports for owners and stakeholders.
3. Cash Management
- Conduct treasury functions to ensure sufficient cash balances across multiple corporate accounts.
- Prepare weekly cash reports, summarizing changes in bank balances and ending cash positions.
4. Other Duties
- Perform additional accounting tasks as needed to support the financial operations of the business.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- CPA designation (or working towards it) is an asset.
- 3-5 years of accounting experience, preferably in property management or real estate.
- Strong proficiency with accounting software (e.g., QuickBooks, Yardi, or MRI).
- Advanced knowledge of Microsoft Excel and other reporting tools.
- Excellent communication and interpersonal skills.
- Strong attention to detail and ability to meet tight deadlines.